SANTA MONICA, Calif.,
Dec. 2, 2021 /PRNewswire/
-- TrueCar, Inc., (NASDAQ: TRUE), the most efficient and
transparent online destination to find a car, today announced the
appointment of Rich DiStefano as its
new Senior Vice President of Product. In this role, DiStefano will
develop and execute the product strategy for TrueCar,
leading the long-term development of features and solutions,
ultimately resulting in higher efficiency and consumer engagement
through TrueCar's products. DiStefano will report directly to
President and CEO, Mike Darrow.
"With his extensive experience developing innovative
consumer-driven products for Fortune 500 companies, we are
truly excited to have Rich join the TrueCar team," said
Mike Darrow, President and Chief
Executive Officer of TrueCar. "Rich will be a huge asset to our
team as TrueCar continues to work toward delivering TrueCar+, a
modern, two-sided marketplace that brings the car buying experience
fully online."
DiStefano comes to TrueCar after years of developing
products across multiple industries, including beverage,
entertainment, finance, hospitality and retail. His digital product
background includes leading social commerce at Walmart and leading
Hilton Hotel's mobile and omni-channel product and strategy. At
Ticketmaster and Live Nation he led mobile commerce and spearheaded
the creation of mobile ticketing. Prior to
that, DiStefano drove Match.com into mobile
dating. His product background began in consumer packaged goods, on
the team that developed Monster energy drinks.
"As a lifelong car enthusiast, I'm thrilled to join the talented
team at TrueCar to help reinvent how consumers find and buy cars
online," said DiStefano. "Buying a car is the second largest
purchase a person makes. We have a unique opportunity to develop
new and innovative ways to personalize the journey, remove friction
and elevate the experience."
About TrueCar
TrueCar is a leading automotive digital marketplace that enables
auto buyers to connect to our nationwide network of Certified
Dealers. We are building the industry's most personalized and
efficient auto buying experience as we seek to bring more of the
purchasing process online. Consumers who visit our marketplace will
find a suite of vehicle discovery tools, price ratings and market
context on new and used cars – all with a clear view of what's a
great deal. When they are ready, TrueCar will enable them
to connect with a local Certified Dealer who shares in our belief
that truth, transparency and fairness are the foundation of a great
auto buying experience. As part of our
marketplace, TrueCar powers auto-buying programs for over
250 leading brands, including AARP, Sam's Club, Navy Federal Credit
Union and American Express. TrueCar is headquartered
in Santa Monica, California,
with an office in Austin, Texas.
For more information, please visit www.truecar.com, and follow
us on Facebook or Twitter.
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SOURCE TrueCar, Inc.